Newsfeeds - Spark Newswire

1 minute read

Summit Hotel Properties Q4 FFO $0.25 Up From $0.14 YoY, Sales $172.33M Beat $169.17M Estimate

Today, 8:42 AM

Summit Hotel Properties (NYSE:INN) reported quarterly earnings of $0.25 per share. This is a 78.57 percent increase over earnings of $0.14 per share from the same period last year. The company reported quarterly sales

INN

1 minute read

Baird Downgrades Summit Hotel Properties to Neutral, Lowers Price Target to $8

By Benzinga Newsdesk

Today, 8:42 AM

Baird analyst Michael Bellisario downgrades Summit Hotel Properties (NYSE:INN) from Outperform to Neutral and lowers the price target from $10 to $8.

INN

1 minute read

Earnings

Summit Hotel Properties Earnings Preview

By Benzinga Insights

Today, 8:42 AM

Summit Hotel Properties (NYSE:INN) is set to give its latest quarterly earnings report on Wednesday, 2022-11-02. Here's what investors need to know before the announcement. Analysts estimate that Summit Hotel Properties will report an earnings per share (EPS) of $-0.01.

INN

2 minute read

5 REITs That Outperformed The Market On Monday

By John Navin

Today, 8:42 AM

After weeks of intense and relentless selling, have real estate investment trusts (REITs) finally bottomed? No one can say for sure, but REITs in general had a very good day Monday with some of the best up moves in awhile. The following five REITs easily outperformed the Standard & Poor’s 500 on Monday, and that benchmark index was up 2.65%.

HST

3 minute read

3 Hotel REITS With The Highest Upside, According To Analysts

By Ethan Roberts

Today, 8:42 AM

Almost every sub-sector of REITs has been hit hard in 2022 as inflation and recession worries have taken their toll on markets. Hotel REITs have been one of the worst REIT performers during this time. Many in the group are down 40% or more and several of these hotel REITs have recently touched 52-week lows.

INN

1 minute read

Capital One Downgrades Summit Hotel Properties to Equal-Weight, Lowers Price Target to $10

By Benzinga Newsdesk

Today, 8:42 AM

Capital One analyst Neil Malkin downgrades Summit Hotel Properties (NYSE:INN) from Overweight to Equal-Weight and lowers the price target from $14 to $10.

INN

17 minute read

Earnings Scheduled For August 2, 2022

By Benzinga Insights

Today, 8:42 AM

Companies Reporting Before The Bell • Ferrari (NYSE:RACE) is expected to report quarterly earnings at $1.27 per share on revenue of $1.22 billion.

ABNB

1 minute read

Earnings

Summit Hotel Properties Earnings Preview

By Benzinga Insights

Today, 8:42 AM

Summit Hotel Properties (NYSE:INN) is set to give its latest quarterly earnings report on Tuesday, 2022-08-02. Here's what investors need to know before the announcement. Analysts estimate that Summit Hotel Properties will report an earnings per share (EPS) of $-0.06.

INN